This property could be a profitable Mid-Term investment with a projected 10.05% first-year return on $57,900 initial cash invested.
10.05%
Cash On Cash
10.38%
Cap Rate
1.55
DSCR
$2,462
Rent
$485
Cashflow
Cash Flow
$2,462 income − $1,977 expenses = $485 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,900
Downpayment
20%
$38,000
Closing costs
1%
$1,900
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,462
Total Expenses
$1,977
Mortgage P&I
43%
$1,061
Property Taxes
1%
$14
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$271